LINDA WERTHEIMER, HOST:
NPR's business news starts with a Greek debt plan.
The International Monetary Fund is reportedly close to approving a deal that would give Greece more flexibility in its efforts to cut its massive debt burden. This will give Greece more time and allow a higher debt-to-GDP ratio than had been agreed on before, according to Reuters. And it should clear the way for the Greek government to get the next round of much-needed financial assistance, which is seen as crucial to boosting a flagging European economy.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.